Billionaire investor Jeremy Grantham reiterated his skepticism about Bitcoin, describing it as a "useless, speculative mechanism" that will gradually lose relevance rather than crash suddenly. He highlighted Bitcoin's price volatility and lack of stability compared to gold, noting it halved in value without clear cause during a strong economy. Despite recent severe selloffs, some institutional investors see the dip as a buying opportunity. Meanwhile, other billionaires like Ricardo Salinas Pliego remain bullish, heavily investing in Bitcoin and advocating for its advantages over fiat and gold. Grantham's view signals caution for investors amid ongoing market uncertainty and geopolitical tensions affecting crypto prices.
The 2026 CapitalCIO ORBIE Awards honored leading chief information officers from major organizations like Marriott International and NASA for their outstanding leadership and impact in technology. The event highlighted CIOs driving business transform...
The Fédération Internationale de l'Automobile (FIA) reported its best financial performance in 10 years for fiscal 2025, achieving an operating profit of €6.7 million, a 43% increase from the previous year, and reversing a €24 million loss in 2021. R...
Kyivstar, part of VEON Group, signed a Memorandum of Understanding with Ukraine's Ministry of Economy to develop a sovereign AI-ready data center. This initiative aims to enhance Ukraine's digital infrastructure, secure sensitive data within the coun...
Covered call ETFs like Global X S&P 500 Covered Call ETF (XYLD) and Russell 2000 Covered Call ETF (RYLD) generate high monthly income by selling call options on index holdings, resulting in yields above 10%. This strategy provides consistent cash flo...
OpenAI has introduced GPT-5.6, a new set of AI models named Sol, Terra, and Luna, designed with stronger cybersecurity capabilities and new safety measures. These models will first be available to select partners and then released more widely in the ...
